A well-known corporate bank is hiring a Settlement Manager for a 12-month contract. The role involves overseeing and authorizing various financial transactions, including FX Deals, MM Deals, Derivatives, and Securities. Key tasks include managing payments, processing swaps, handling journal entries, and reconciling accounts. The role also requires managing Nostro Accounts and ensuring accuracy in transaction reconciliation between Front and Back Office systems. Additionally, the manager will handle regulatory reporting, liaise with team members, and lead process improvements.
Key Responsibilities:
- Authorize FX/MM Deals, Derivatives, and Securities transactions
- Process Interest Rate & Cross Currency Swaps
- Handle customer payments and brokerage payments
- Manage Nostro Accounts and reconciliations
- Ensure accurate trade reporting (DTCC)
- Collaborate with internal teams and lead process improvements
General Duties:
- Handle settlement-related queries
- Train team members
- Participate in projects and UAT
- Process SWIFT payments for admin and finance teams
Requirements:
- 3-5 years of manual MM and FX processing experience
- Familiarity with Fusion MIDAS system
- This role is focused on accuracy, teamwork, and improving settlement processes.
Company Reg No.: 201131609D | License No.: 24S411| Reg No: R1435178, Nadiah Marican
